Which place is cheaper, Monaco or Mykonos?
These are the overall average travel costs for the two destinations.
Which city should you visit? Read on to compare the activities as well as the prices of travel for Mykonos and Monaco. We'll break down costs for accommodation, food, transportation and more to help you learn more about these two destinations. Then, you can figure out if either of these two places are accessible based on your travel budget, schedule, and interests. So, let's dig into it.
Mykonos is a picturesque, postcard perfect, and glamourous Greek island. The famous beauty of this place is one of the main draws. It also has a unique and quaint vibe that attracts lots of visitors. And you can't forget about the shopping, museums, and nightlife.
Monaco is a glitzy, glamorous, and captivating coastal resort area. Travelers will also find plenty of sights and attractions here, as it's a big city that attracts lots of visitors. The beauty of this spot is also one of the main reasons why visitors come. And you can't forget about the food, scuba diving and snorkeling, and beaches.
Both Monaco and Mykonos have plenty of things to do for visitors. Both offer a variety of sights, activities, and attractions for tourists. Mykonos is better known for its museums, food, scuba diving & snorkeling, beaches, historical sights, hiking, impressive beauty, and quaint atmosphere, while Monaco is more popular for its big city activities. Mykonos is well known for its active party scene, luxury accommodation, and picturesque villages. Monaco is well known for its grand hotels, luxurious casinos, opulent malls, and popularity with celebrities.
Let's take a look at the differences and similarities between Monaco and Mykonos. Then, you can decide for yourself which place is better for your next trip.
Mykonos is very good for its museums and landmarks. However, Monaco does not have museums and landmarks.
Mykonos offers a variety of museums and landmarks to choose from. Visitors enjoy checking out the windmills and churches around the island. You can also hop over to Delos to see its archeological sites.
Monaco does not have museums and landmarks.
Mykonos is an amazing Greek island to visit for its restaurant scene. Also, Monaco is still popular, but not quite as popular for its local flavors and cuisine.
Mykonos has long been recognized as a culinary destination with great restaurants. Like most things on the island, food is expensive, but its also very good. Make sure you try the louza sausage, kopanisti cheese, and melopita pie.
Monaco has a number of nationally recognized food spots and restaurants. The cuisine is heavily influenced by both French and Italian cuisines. You'll find many dishes that take advantage of the coastal location, with seafood being very common. The national dish is Barbagiuan, which is a deep-fried pastry that is filled with ricotta cheese, Swiss chard, and other vegetables.
Both Mykonos and Monaco are first-rate when it comes to partying.
The nightlife in Mykonos is well established with world renowned clubs and venues. With many exclusive clubs and bars, this island is among the best for nightlife in Greece. Popular options include Tropicana Club, Scarpa, and Super Paradise Beach Club.
Monaco is a world class party destination. It's where sophistication meets glam, with many luxury nightclubs, cocktail bars, casinos, and even opera houses that you can explore. The city attracts celebrities, wealthy business people, and jetsetters who are looking to socialize, see, and be seen.
There are first-rate resorts to choose from in both Mykonos and Monaco.
Vacationers flock to Mykonos for its luxury resorts. There are many world class luxury resorts on the island that offer a variety of amenities including pools, restaurants, and spas. Popular options include Myconian Avaton Resort, Myconian Imperial Resort and Villas, and Myconian Utopia Resort.
For the ultimate resort vacation, Monaco is a great choice. As the playground for the rich and famous, this city has its share of luxury resorts. Famous hotels include the Hôtel de Paris Monte-Carlo, Hôtel Hermitage Monte-Carlo, and the Fairmont Monte Carlo.
Mykonos is well known for its diving and snorkeling. Also, Monaco is still popular, but not quite as popular for snorkeling and scuba diving.
There is a nice variety of marine life that makes scuba diving and snorkeling great in Mykonos. There are many good diving and snorkeling spots around the island include shipwrecks and reefs with good visibility.
Monaco has a few areas where visitors often go scuba diving or snorkeling. There are both beaches that offer walk-in snorkeling spots as well as boat tours that you can book that will take you to some of the best snorkeling and dive sights around Monaco.
Mykonos is well known for the beache. Also, Monaco is still popular, but not quite as popular for the beach.
Mykonos is a very popular place to visit for its beaches. This island has become popular for its sandy beaches, but these days they come with a high price. Many are lined with umbrellas and sunbeds that you can rent. They often have bars that bring high energy and loud music. The water is often calm enough to enjoy swimming or water sports. Most of the best beaches are on the southern side of the island, but there are less crowds on the northern side, although the weather may not be as good.
Monaco has a beach worth visiting. Located along the French Riviera, the beaches are a mix of pebbles and sand. The only public beach is Plage du Larvotto in Monte Carlo and there are a number of activities available including jet skis and wind-surfing. This is also a very family-friendly beach that kids of all ages can enjoy.
Mykonos is an amazing Greek island to visit for its old town. However, Monaco does not have a historic old town.
Mykonos offers visitors a world-class historical old town to explore. Chora, the old town and largest town on the island, is filled with windmills, cafes, churches, and charming streets.
Monaco does not have a historic old town.
Mykonos is not so good for its hiking experiences. However, Monaco is not a hiking destination.
A few hiking trails can be found near Mykonos. This island doesn't have any real hiking but you can walk to the beach along the road. The island is mostly flat.
Monaco is not a hiking destination.
Both Mykonos and Monaco are first-rate shopping destinations.
The abundance of shops in Mykonos make it a world-class shopping destination. This island has become the playground for celebrities and the wealthy, so there are plenty of shopping opportunities in town.
Many people travel to Monaco specifically to go shopping. A visit would not be complete without experiencing the city's shopping. There are couture, luxury brands as well as local boutiques that are frequented by the wealthy and famous. Popular shopping areas include Le Metropole Shopping Center, Fontvieille Shopping Centre, and La Condamine Market.
Most people don't think of either Mykonos or Monaco as a family destination.
Mykonos is not the most family-friendly destination. This island is a bit of a party destination, so many people choose alternative islands when visiting Greece with their kids. If you do head to Mykonos, you'll find nice beaches and some good museums.
Monaco is not always a place people visit with their families. The city has a few family-friendly activities like an Oceanography Museum, a Zoological Park, and a harbor where kids can explore. You can also check out the Changing of the Guards in the Old Town. The public beach in town, Plage du Larvotto, is very family-friendly as well.
Mykonos and Monaco both first-rate destinations for a couple.
Mykonos is fantastic couple's destination with fun and romantic activities. Couples who enjoy beautiful coastal settings with a great party scene will love a vacation or honeymoon to this Greek island.
Monaco makes for a terrific place to visit as a couple. Filled with luxury, a couple can enjoy perusing the yachts in the harbor, dining on fine cuisine at an award winning restaurant, or staying at one of the many fancy hotels in town. You can also explore the area by air, by taking a truly spectacular helicopter tour.
Both Mykonos and Monaco offer notable public transit options.
Mykonos has a few public transit options. There is a bus system that connects the towns and beaches on the island. Both major bus stations are on the western side of the island.
Monaco has some public transit options. There is a bus system.
Mykonos and Monaco both are first-rate when exploring on foot.
It is easy to get around Mykonos on foot. Walking is actually one of the only ways to get around town.
It's very easy to get around on foot in Monaco. It's small and compact size means that it is easy to explore the entire area on foot in a short amount of time.
For even more information, also check out Is Mykonos Worth Visiting? and Is Monaco Worth Visiting?.
Visitors can find plenty of fun things to do in both Mykonos and Monaco. With generally more activities and things to do, visitors tend to spend more time in Mykonos than in Monaco. Usually, 3-5 days is a good amount of time for Mykonos, and 1-3 days is enough time in Monaco.
Families should spend more time in Mykonos than Monaco. Because of the many family-friendly attractions and fun things to do for kids in Mykonos, it's a great place to visit with the whole family.
Couples should spend more time in Mykonos than Monaco. You'll find plenty of romantic sights and fun activities in Mykonos that are great for a weekend getaway or a longer couple's trip.
Backpackers and budget travelers should spend more time in Mykonos than Monaco if your budget allows for it. With a larger number of budget-friendly sights, good nightlife, and active things to do, anyone traveling on a budget would have a good time in Mykonos.
Many travelers enjoy the scuba diving and snorkeling and shopping when visiting the quaint destination of Mykonos. The old town is one of the main draws for visitors. But since there are so many activities, you'll likely want to spend more than one day exploring.
Because Monaco is a large city, there are a variety of ways to spend your time. Travelers enjoy the resorts in the area as well. This coastal resort area offers something for everyone. This would be the perfect place to spend one day, as it has just the right amount of activities.
Mykonos is a great place to explore. With so much to do, a weekend is probably not enough time to see everything. Your budget might influence how long you stay.
Because Monaco is a large city, there are a variety of ways to spend your time. The length of your trip often depends on your style of travel. A weekend here is typical. People often spend their time relaxing at one of the resorts. A weekend is a great amount of time to relax and see the many things that Monaco has to offer.
It's hard to know how much time to spend in Mykonos. For many, it makes a great getaway for five days. Make sure you visit the old town while you're here. With all of its activities, you can easily fill five days here. It has many unique tourist attractions and fascinating things to do.
Monaco is a great place to explore. You can also relax and pamper yourself at one of the resorts. Five days is more than enough time to enjoy everything. Take some day trips to nearby places to fill the extra days. Anyone can find something fun to do here.
Travelers enjoy the nightlife and food when visiting the opulent destination of Mykonos. This Greek island offers a variety of activities to choose from. Most visitors spend time around the old town while in the area. Most people find that one week is more than enough time to see everything.
It's hard to know how much time to spend in Monaco. Many people enjoy the shopping and nightlife when visiting Monaco. It's also a relaxing resort destination. One week may feel like too much time unless you plan to do a lot of relaxing.
For some great organized tour ideas, see The Best Contiki Tours to Greece, and The Best G Adventures Tours to Greece.
These are the overall average travel costs for the two destinations.
The average daily cost (per person) in Mykonos is €149, while the average daily cost in Monaco is €189. These costs include accommodation (assuming double occupancy, so the traveler is sharing the room), food, transportation, and entertainment. While every person is different, these costs are an average of past travelers in each destination. What follows is a categorical breakdown of travel costs for Mykonos and Monaco in more detail.
Looking for a hotel in Mykonos or Monaco? Prices vary by location, date, season, and the level of luxury. See below for options and compare which is best for your budget and travel style.
Kayak helps you find the best prices for hotels, flights, and rental cars for destinations around the world. Compare prices for multiple destinations when planning your next trip.
Below are a few samples from actual travelers for transportation costs in Mykonos:
Some specific examples of transportation prices in Mykonos:
Some specific examples of transportation prices in Monaco:
Prices for flights to both Monaco and Mykonos change regularly based on dates and travel demand. We suggest you find the best prices for your next trip on Kayak, because you can compare the cost of flights across multiple airlines for your prefered dates.
Some typical examples of dining costs in Mykonos are as follows:
Also, here are some specific examples of food and dining related activities in Mykonos.
Some specific costs of activities, tours, and entrance tickets for Mykonos are as follows:
Here are a few typical costs in Monaco for activities, ticket prices, and tours that come from previous visitors:
Here are a few actual costs in Monaco for available activities, ticket prices, and tours:
Also in Mykonos, these are the prices for nightlife and alcohol related activities from various tour providers:
Also in Monaco, these are the prices for nightlife and alcohol related activities from various tour providers:
When we compare the travel costs of actual travelers between Mykonos and Monaco, we can see that Monaco is more expensive. And not only is Mykonos much less expensive, but it is actually a significantly cheaper destination. So, traveling to Mykonos would let you spend less money overall. Or, you could decide to spend more money in Mykonos and be able to afford a more luxurious travel style by staying in nicer hotels, eating at more expensive restaurants, taking tours, and experiencing more activities. The same level of travel in Monaco would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Monaco than you might in Mykonos.
If you're trying to decide if either of these two destinations are within your price range, also see Is Mykonos Expensive? and Is Monaco Expensive?.
Mykonos has a larger population, and is about 580 times larger than the population of Monaco. When comparing the sizes of Mykonos and Monaco, keep in mind that a larger population does not always imply the destination has more attractions or better activities. So, always research the type of place that you want to visit along with the activities and attractions that interest you.